{"id":40375,"date":"2019-01-14T19:03:53","date_gmt":"2019-01-14T13:33:53","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=40375"},"modified":"2019-01-14T19:03:53","modified_gmt":"2019-01-14T13:33:53","slug":"panel-pulls-up-government-for-diverting-coal-cess","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/panel-pulls-up-government-for-diverting-coal-cess\/","title":{"rendered":"Panel pulls up government for diverting coal cess"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/business\/Industry\/panel-pulls-up-govt-for-diverting-coal-cess\/article25986829.ece\"><strong>Panel pulls up government for diverting coal cess<\/strong><\/a><\/p>\n<p><strong><u>News:<\/u><\/strong> <strong>The 42nd standing committee on <\/strong>energy report pulled up government for not using coal cess for reviving stressed gas-based power plants rather using it for post GST compensation to states<\/p>\n<p><strong><u>Important Facts:<\/u><\/strong><\/p>\n<p><strong>Status of Gas-based Power Plants:<\/strong><\/p>\n<ul>\n<li>Out of India&#8217;s total installed power capacity of 345MW, the share of Gas-based power in capacity is 7.2% and in generation <strong>only 3.8%<\/strong> mainly because <strong>due to non-availability of domestic gas and unaffordability of imported gas<\/strong><\/li>\n<li>Because of such state large assets have turned into <strong>non-performing asset<\/strong><\/li>\n<\/ul>\n<p><strong>Status of Coal Cess collection and utilization:<\/strong><\/p>\n<ul>\n<li>Coal Cess (Rs 400\/tonne) collected has to be transferred to <strong>National Clean Energy Fund (NCEF) for clean energy projects<\/strong><\/li>\n<li>But according to report<strong>, only 18% of total cess collected had been utilized for projects under NCEF<\/strong><\/li>\n<li><strong>Inter Ministerial Group chaired by the Finance Secretary<\/strong> was constituted to approve the project\/schemes eligible for financing under NCEF<strong>.<\/strong><\/li>\n<\/ul>\n<p><strong>What are observations and recommendations of Committee?<\/strong><\/p>\n<ul>\n<li>Diversion of funds for unrelated activities shows <strong>lack of commitment of government of clean energy projects<\/strong><\/li>\n<li>To provide <strong>financial support to the stressed gas-based power projects<\/strong> in the country from National Clean Energy Fund (NCEF)<\/li>\n<\/ul>\n<p><strong>Benefits of revival of Gas-based power plants?<\/strong><\/p>\n<ul>\n<li>could be used as <strong>peak based plants<\/strong> as demand for electricity increasing on account of government effort to electrify all households<\/li>\n<li>to meet <strong>Paris agreement INDC target<\/strong> of installing 40% of power capacity from renewable energy by 2030<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Panel pulls up government for diverting coal cess News: The 42nd standing committee on energy report pulled up government for not using coal cess for reviving stressed gas-based power plants rather using it for post GST compensation to states Important Facts: Status of Gas-based Power Plants: Out of India&#8217;s total installed power capacity of 345MW,&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/panel-pulls-up-government-for-diverting-coal-cess\/\">Continue reading <span class=\"screen-reader-text\">Panel pulls up government for diverting coal cess<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-40375","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":62,"cached_at":""},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/40375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=40375"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/40375\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=40375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=40375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=40375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}